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Author Topic: which way bitcoin price going?  (Read 1022 times)
omonuyak
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March 28, 2019, 06:17:59 PM
 #121

bitcoin will rise to 5000 usd per btc , or it can it can stable at 4500 for Medium duration
If bitcoin can break $4250 trading area,  the next strong resistance level will be $5850. I don't think bitcoin is going to stay around $4500 for a long duration as this has not happened before.  To me the bearish trend is over and we are going to see more of the bullish trend than bearish trend from now.
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March 28, 2019, 06:29:04 PM
 #122

bitcoin will rise to 5000 usd per btc , or it can it can stable at 4500 for Medium duration
If bitcoin can break $4250 trading area,  the next strong resistance level will be $5850. I don't think bitcoin is going to stay around $4500 for a long duration as this has not happened before.  To me the bearish trend is over and we are going to see more of the bullish trend than bearish trend from now.
It would be nice if this technical analysis of yours will have a piece of support of evidence why bitcoin price is landed on that price.
Don't think too much ahead of bitcoin price in which way to go, instead of patiently waiting on it and ride the possible wave or spike that you can get profit on it. I don't think so if I am going to tolerate that kind of made.ess.
As of now, you are just like preparing in the battle without a single enemy.
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March 28, 2019, 07:45:37 PM
 #123

bitcoin will rise to 5000 usd per btc , or it can it can stable at 4500 for Medium duration
If bitcoin can break $4250 trading area,  the next strong resistance level will be $5850. I don't think bitcoin is going to stay around $4500 for a long duration as this has not happened before.  To me the bearish trend is over and we are going to see more of the bullish trend than bearish trend from now.
The present resistance barrier $4100 needs to be broken to get going towards the next price barrier of $4500. I don't think the market will move directly towards $5000+ without any form of resistance development. The market seems to show indications of gradual growth, upon which can expect the resistance level break at certain time interval.

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March 28, 2019, 08:34:16 PM
 #124

bitcoin will rise to 5000 usd per btc , or it can it can stable at 4500 for Medium duration
If bitcoin can break $4250 trading area,  the next strong resistance level will be $5850. I don't think bitcoin is going to stay around $4500 for a long duration as this has not happened before.  To me the bearish trend is over and we are going to see more of the bullish trend than bearish trend from now.

We've spent a long time fueling up the gas tank in this range. The longer we spend here, the more powerful the breakout will be. So I think a wave up to $5,850 is possible. It's a good spot for a bearish reversal too, since we have a long term price pivot there and also the 50-week MA which stands ~ $5,800 right now. We tested and failed at the 50-week MA last July and I would expect to see the same again now.

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March 28, 2019, 08:48:36 PM
 #125

I am optimistic about Bitcoin, and naturally I am inclined to think that soon Bitcoin will be able to overcome the 5000 mark and continue moving upwards, but this does not exclude that we all may be prepared for an unpleasant surprise before this happens. But this does not mean that I am going to sell my coins.
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March 29, 2019, 08:55:07 AM
 #126

The current preev rate is hovering around the $3900 level for a week. From my point of view, it will try to make fake breakouts next to the $4500 level. If bull can hold the $4500 level then talking about higher levels will be next target in Bitcoin analyzing.
I'm grateful to see the price of bitcoin return to the price of $ 4k today. although it cannot be considered stable, this seems to be quite good in the development of bitcoin prices. I think bitcoin will lead to better development.
If Bitcoin price continues to operate the way it is now and maintain its stability for a while, this might start making it more reliable for users wishing to store up their fund in bitcoin

If you ask me, it is not very likely

Bitcoin is not going to become rock solid in the near future because it is too speculative in this period of its lifecycle. We now see money flowing into altcoins and thus Bitcoin is kinda being starved. It naturally leads to thinner orderbooks but that, in turn, means Bitcoin is more susceptible to sudden dumps and pumps as there is less liquidity in the market and consequently, it takes less financial leverage to move the price in either direction

If we can get lots of adopters of bitcoin when it becomes stables, it will surely make the price of Bitcoin shoot up

That would instantly destroy your premise about more stable prices

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March 29, 2019, 12:39:00 PM
 #127

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
I think bitcoin is presently consolidating and will consolidate for a very long time before the bull run, the time the consolidation will end is what I really cannot tell as the market is extremely difficult to predict now for long term even with the assistance of analysis but what baffles me most is that these time bitcoin consolidates is when most altcoins are supposed to start rising.

Just like it happened early 2018 to some coin but I am surprised most of the coins that rose then which I still have are yet to even make any move at all, this market generally is really unpredictable, best is to just stop monitoring till we welcome bull run which time will announce.
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March 29, 2019, 10:40:05 PM
 #128

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
Of course, Bitcoin will not return to zero, but at least I would like to return my funds spent on investments at the end of 2017. Of course it was my mistake, but nevertheless I was tired of waiting for the recovery of the cryptocurrency market.
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March 30, 2019, 03:37:16 AM
 #129

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
Of course, Bitcoin will not return to zero, but at least I would like to return my funds spent on investments at the end of 2017. Of course it was my mistake, but nevertheless I was tired of waiting for the recovery of the cryptocurrency market.

BTC will eventually rise as expected, let's give it more time.
This is what we are seeing now, BTC is moving uptrend and we have a good 24 hours movement as BTC reached $4,100.

This is a slowly but a surely move.

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March 30, 2019, 08:54:28 PM
 #130

Bitcoin is not going to become rock solid in the near future because it is too speculative in this period of its lifecycle. We now see money flowing into altcoins and thus Bitcoin is kinda being starved. It naturally leads to thinner orderbooks but that, in turn, means Bitcoin is more susceptible to sudden dumps and pumps as there is less liquidity in the market and consequently, it takes less financial leverage to move the price in either direction
I don’t think there is any guarantee that most of the altcoins they are throwing money into that is presently making bitcoin stagnant will  last the way bitcoin has lasted, so many altcoins will still come up in the future that will push these existing ones aside or make them irrelevant for life, and many people that are fully aware of  this knows that Bitcoin is the only one with the product that will last for life, so what they will do is to make Bitcoin an asset to hold for long, while altcoins will just be strictly for investment or trading, as people hold it for asset, we will be seeing some increase in price with lots of stability.
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March 31, 2019, 12:17:53 PM
 #131

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
I believe it too, for now the price is still unpredictable, because the market conditions have not allowed prices to rise or fall, there is no news that makes prices rise. but when you ask this question again in next year, I will say the price will rise
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April 01, 2019, 06:34:42 AM
 #132

I am optimistic about Bitcoin, and naturally I am inclined to think that soon Bitcoin will be able to overcome the 5000 mark and continue moving upwards, but this does not exclude that we all may be prepared for an unpleasant surprise before this happens. But this does not mean that I am going to sell my coins.
I believe that bitcoin will continue to rise until the end of this year to reach USD 5,000. In my opinion it is a very conservative prediction, because now it is in the range of USD 4,000.
To rise as high as 2017 in my opinion is very difficult because to experience such an event at that time there must be a large wave of demand for bitcoin so that the needs in the market are extraordinary. The greater the demand certainly impacts on price increases.

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April 01, 2019, 01:30:14 PM
 #133

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
I believe it too, for now the price is still unpredictable, because the market conditions have not allowed prices to rise or fall, there is no news that makes prices rise. but when you ask this question again in next year, I will say the price will rise

Fortunately, we are now going to see the price is on the uptrend so the price still at $4100 level. I hope that this week, the trend is still on the uptrend so we can sell some bitcoin and make a profit after we hold for a while. But still, there is no guarantee to see the price can stay increase or not because there are so many possibilities for the price and the price itself can go to any level of price.

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April 01, 2019, 02:07:26 PM
 #134

Which way? Still, the market is unpredictable we can't conclude if which way it will lead the price on bitcoin. However, as I noticed now Bitcoin price went up and I think it is possible that the market starting to a recovery from the deep market. It's really hard to define which way bitcoin of price will be going, but one thing for sure that I know it will never back to zero. Wink
I believe it too, for now the price is still unpredictable, because the market conditions have not allowed prices to rise or fall, there is no news that makes prices rise. but when you ask this question again in next year, I will say the price will rise
We are into the chase of the market recovery but it seems to be not easy to show up this time. Though we can see some inclines but never be enough to have way of being in bull run again. Prices may rise in the right time and nobody knows exactly when. Speculations summary will says that bull run have come this year, and hopefully it does and to eliminate doubts.
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April 01, 2019, 04:27:45 PM
 #135

Bitcoin is not going to become rock solid in the near future because it is too speculative in this period of its lifecycle. We now see money flowing into altcoins and thus Bitcoin is kinda being starved. It naturally leads to thinner orderbooks but that, in turn, means Bitcoin is more susceptible to sudden dumps and pumps as there is less liquidity in the market and consequently, it takes less financial leverage to move the price in either direction
I don’t think there is any guarantee that most of the altcoins they are throwing money into that is presently making bitcoin stagnant will  last the way bitcoin has lasted

In fact, neither do I

Only incurable Bitcoin haters would claim that a certain altcoin is going to outlast Bitcoin just like any sane person understands that altcoins are and will remain in the future mostly speculative assets (even when compared to Bitcoin itself). And that's the exact reason why they attract so much money now that Bitcoin is slowly turning from a purely speculative asset into something else

Further, I don't think that major altcoins are going away any time soon, either. Really, what's in any new altcoin (to be created) that would make, say, Litecoin obsolete?

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April 01, 2019, 10:29:38 PM
 #136

Btc might go in either way unexpectedly. Remember that for most of the time our expectation wasn't met and goes the other way. As of now, we are seeing the price in green, it's possible that it will continue to rise slowly or the thing we don't want to see right now, decrease. But I guess the uptrend seems stronger right now.
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